Wednesday, February 3, 2010

Doing Business 2010 Report by World Bank, IFC and Palgrave MacMillan

The World Bank, IFC and Palgrave MacMillan have co-published their 7th Doing Business annual report for 2010 with the theme "Reforming Through Difficult Times".

This comprehensive 231 pages report presents quantitative indicators on business regulations and the protection of property rights that can be compared across 183 economies.

It measures, in detail, various regulations that affect the 10 stages of the business life-cycle applicable to the respective domestic small and medium-size enterprises, as follow:
  • Starting a business
  • Dealing with construction permits
  • Employing workers
  • Registering property
  • Getting credit
  • Protecting investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Closing a business
2 types of data are analysed, namely:
  • The laws and regulations
  • Time and motion indicators that measure the efficiency in achieving a regulatory goal
This report is worth reading as it provides valuable benchmarking and ranking information in business friendliness and reforming competitiveness of the 183 economies.

Don't be surprised to know that the top reformer of the year is a Sub-Saharan African economy, Rwanda.

Click here to download the full report of Doing Business 2010.


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